There are few things that strike more fear into the heart of the average taxpayer than the words "IRS audit." The thought of facing down an IRS auditor and having to explain your entire financial life ...
Tax audits are right up there with death, public speaking and needles on the list of things people fear, but you might be able to dial back the nail-biting this year. One, your odds of being audited ...
One of the reasons that the thought of a tax audit strikes fear into the hearts of many Americans is that the process seems so mysterious. When you send off your tax return every year, there’s no real ...
Taxpayers with troubling challenges — such as questions about a tax bill or an IRS audit — could benefit from special Saturday hours on April 13 at the IRS taxpayer assistance center in Detroit. The ...
Tax Day might have passed, but some taxpayers may still have tax questions—it's tax law, after all. To help taxpayers resolve outstanding issues and solve problems, the IRS will open IRS Taxpayer ...
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Avoid these 4 errors that could trigger an IRS audit
Most taxpayers won’t be audited, but common mistakes—like reporting errors or inconsistencies—can raise red flags. Knowing the IRS’s top audit triggers can help you reduce your risk.
There's no denying that feeling of relief once you e-file or mail in your federal income tax return. Whether you're expecting a fat refund or wound up owing Uncle Sam some money instead, at least the ...
The Internal Revenue Service will open the Cincinnati Taxpayer Assistance Center (TACs) on Saturday at 550 Main St. in Cincinnati to provide in-person help.These special Saturday hours are part of the ...
It’s no surprise that many people distrust the IRS and IRS audits. The confusing nature of tax laws and the IRS potentially reexamining your federal income tax return, can be daunting. So, it’s not ...
WASHINGTON, Feb 21 (Reuters) - The Internal Revenue Service said on Wednesday it plans to crack down on wealthy executives who may be using company jets for personal trips but claiming the costs as ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
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